Current management's long-term performance targets are too low, which suggests continued poor execution on controllable expenses
and revenue growth opportunities.
A clear consequence of the financial crisis is that companies in the UAE have become much shrewder and more informed when it comes to controllable expenses
," said Mazin Khoury, chief executive officer of American Express Middle East.
But overall, says Mazin Khoury, CEO of American Express Middle East, "a clear consequence of the financial crisis is that companies in the UAE have become much shrewder and more informed when it comes to controllable expenses
Of those expecting an increase, the areas of IT equipment (53%), business travel (40%), employee training (37%) and logistics (37%) are where companies expect to see most growth in controllable expenses
Of those expecting an increase, the areas of IT equipment (53 per cent), business travel (40 per cent), employee training (37 per cent) and logistics (37 per cent) are where companies expect to see most growth in controllable expenses
On the EBITDA line, we expect the results to be much weaker, down about 18% due to an increase in MET and growth in controllable expenses
(such as materials and staff costs).
Philippines virtual assistant services offer business owners and executives everywhere the option to cut on controllable expenses
Bloomberg said that the city has acted to meet the recession, which has sapped tax revenues at a time when pension plans, wages and health benefits for many city employees have risen precipitously in recent years, by cutting $500 million in controllable expenses
While credit unions recognize the need for ongoing professional development, many are under increasing pressure to reduce travel and other controllable expenses
," said President/CEO Fred Johnson in a statement posted on the CUES Web site home page (www.
9% higher than the same period last year, due to an increase in inter-connection expenses and credit provision of doubtful accounts, which was partly compensated by a reduction in controllable expenses
, such as: personnel, material, subcontracted services, and advertising and marketing.
Travel and entertainment is one of the largest controllable expenses
for companies, after personnel and IT services.
An additional profile is created, listing all the unit's controllable expenses